headlines

headlines

Fed Governor Lael Brainard asserts that leading CBDC projects could have implications for the global financial system"Tremendous influence"Tremendous influence

, and urged the U.S. to ensure its leadership role in the emerging CBDC ecosystem. The announcement states that the Fed is “intensifying its focus” on four key areas of CBDC development, namely the role of digital private currencies, the migration to digital payments, plans to use foreign CBDCs in cross-border payments, and concerns about financial exclusion.

Securities Times: Bitcoin mining runs counter to the goal of "carbon peak"

The Securities Times published an article today, "Bitcoin mining runs counter to the goal of "carbon peak"". The article stated that mining is the core link of "manufacturing" Bitcoin. The energy consumption generated by mining is beyond imagination, and a huge amount of resources are consumed to produce virtual coins with no real value. The goals run counter to each other.

DFINITY Foundation Launches $250 Million Developer Incentive Program

digital currency

DFINITY Foundation Launches $250 Million Developer Incentive Program

According to official news, on May 25, the DFINITY Foundation announced its developer incentive plan, which is used to motivate and support Internet computer entrepreneurs and developers, with a total value of 200 million Swiss francs (about 250 million U.S. dollars) Pending allocation. The incentive program is now open and accepting applications, more information can be found at dfinity.org/grants.

According to official news, on May 25, the DFINITY Foundation announced its developer incentive plan, which is used to motivate and support Internet computer entrepreneurs and developers, with a total value of 200 million Swiss francs (about 250 million U.S. dollars) Pending allocation. The incentive program is now open and accepting applications, more information can be found at dfinity.org/grants.

Ark Investment Management purchased $19,872,939 in bitcoin, according to a filing with the U.S. Securities and Exchange Commission (SEC).

IoTeX successfully activated the main network v1.2 and completed the upgrade to be fully compatible with Ethereum

IoTeX successfully activated the main network v1.2 and completed the upgrade to be fully compatible with Ethereum

According to official news, IoTeX, a new generation of high-performance public chain, announced that the hard fork of the main network was completed at block height 11,267,641, and the v1.2 version of the main network was successfully activated. The IoTeX network is fully compatible and supports the Ethereum tool Web3.js and various DApps. Users can directly store, receive and send IoTeX mainnet token IOTX and other XRC20 tokens through the Ethereum ecological tool Metamask.

Coinbase Launches New Version of Prime Brokerage Platform

Coinbase announced Tuesday that it has rolled out a revised version of its Prime brokerage platform to attract new corporate and Wall Street clients, or to upsell existing ones. This is the first time it has integrated a full stack of functions, which includes the ability to trade, store and lend against crypto assets.

OKEx responds to fraudulent information: the text message was intercepted and the company has reported the case

This evening, Ouyi CEO Jay Hao responded on Weibo: He has attached great importance to receiving the first fraudulent information. After excluding the possibility of leakage, according to the clues fed back by users, it is basically determined that the SMS of the communication service provider was intercepted/stolen . For the first time, we have suspended the cooperation with the original service provider. At the same time, the company's security department has locked the channel for illegally obtaining the user's mobile phone number and reported the case to the relevant department.

Hungary builds statue in honor of Satoshi Nakamoto

Local Hungarian media said that Hungarian artists Réka Gergely and Tamás Gilly built a statue for Satoshi Nakamoto with the support of the encryption community.

Ripple Named to CNBC's Annual 50 Disruptive Companies List

Ripple is listed on CNBC's annual list of 50 disruptive companies. The list also includes Ripple client Flutterwave and the Robinhood app, which allows investors to trade stocks and cryptocurrencies.

Data: Bitcoin stablecoin supply ratio hits all-time low

Lex Moskovski, CIO of Moskovski Capital, shared Glassnode Bitcoin stablecoin supply data, which shows that the Bitcoin stablecoin supply ratio (SSR) has dropped, reaching an all-time low. According to Lex Moskovski, SSR is the ratio between the circulating bitcoin supply and the stablecoin supply expressed in bitcoin. When the SSR is low, the current stablecoin supply has more purchasing power to buy BTC. He added that there is a lot of idle money starting to flood into the bitcoin market.

secondary title

Blockchain industry

Blockchain industry

Investment and Financing

Investment and Financing

Blockchain Platform Chia Network Raises $61M, Seeks IPO This Year

Blockchain Platform Chia Network Raises $61M, Seeks IPO This Year

Chia Network Inc., a blockchain and smart trading platform created by BitTorrent founder Bram Cohen, received $61 million in Series D financing, led by Andreessen Horowitz (a16z) and Richmond Global Ventures, Breyer Capital, Slow Ventures, True Ventures, Cygni Capital , Naval Ravikant, Collab+Currency, and DHVC participated in the investment. The company is valued at about $500 million, people familiar with the matter said.

Well-known crypto venture capital 1confirmation has raised $125 million for its latest fund, which invests in cryptocurrency startups and digital assets. Led by Nick Tomaino, an early product manager at Coinbase, the fund is 1confirmation’s third fund and will bet on projects with long-term disruptive potential.

OneOf, a Tezos-based music NFT platform, completed a $63 million seed round and will launch next month

OneOf, a music NFT platform based on the Tezos blockchain, completed a $63 million seed round of financing, with participants including environmental activist Bill Tai, Nima Capital's Suna Said, Sangha Capital, technology investor Jack Herrick, and the Tezos Foundation.

SDF Development Foundation Invests $15 Million in Mexican Blockchain Platform Airtm

SDF Development Foundation Invests $15 Million in Mexican Blockchain Platform Airtm

The Stellar Development Foundation (SDF) today announced a $15 million corporate fund investment in Mexico City-based Airtm, the largest corporate fund investment by SDF to date.

US SEC filings show that the Standard Crypto Flagship Fund LP has raised $169 million. Adam Goldberg, managing director and general partner of Standard Crypto, said the fund has a minimum investment of $100,000 and 61 investors participated. It is unclear whether the cryptocurrency fund is some kind of derivative product, or whether it invests directly in cryptocurrencies, invests in crypto start-ups, or both.

global policy

global policy"Inner Mongolia Development and Reform Commission

Draft of Eight Measures to Combat and Punish Virtual Currency Mining Behaviors "Open to the Public for Comments"

The Inner Mongolia Development and Reform Commission issued an announcement on the public consultation on the "Inner Mongolia Autonomous Region Development and Reform Commission's Eight Measures to Resolutely Crack Down on and Punish Virtual Currency "Mining" Behaviors (Draft for Comment)", and is now open to the public for comments.

Bank Indonesia plans to issue central bank digital currency

Bank Indonesia Governor Perry Warjiyo said at a press conference on Tuesday that the central bank is currently evaluating which technology to use for its digital rupiah. Once issued, the digital rupiah will become a legal payment instrument in Indonesia along with banknotes. But the central bank has yet to lay out a timetable for when it will issue it.

The South African Reserve Bank (SARB), along with several other banks, said on Tuesday it was studying the advantages of issuing a digital currency for general retail purposes. The SARB said it would "study the feasibility, desirability and suitability of a central bank digital currency (CBDC) as electronic legal tender for general-purpose retail use to supplement cash".

Character·Voice

Character·Voice

Andrew Bailey, Governor of the Bank of England: Cryptocurrency assets are dangerous, and the market has great enthusiasm for cryptocurrencies

Andrew Bailey, Governor of the Bank of England, said in a question to the Treasury Committee of Parliament on Monday: Frankly speaking, I am skeptical about encrypted assets because encrypted assets are dangerous, but the market has a lot of enthusiasm for cryptocurrencies. Overall, financial innovations are good for the economy, but investors need to be vigilant about the underlying assets they create.

Fed's Bostic: Cryptocurrencies have properties that make them unqualified as money

Raphael Bostic, president of the Federal Reserve Bank of Atlanta, said that cryptocurrencies and digital finance are areas that the Federal Reserve cannot ignore. Cryptocurrencies are extremely volatile markets with properties that prevent them from being qualified as money.

Bank Indonesia Governor: Still working on infrastructure and choosing technology to support digital rupiah initiative

The Bank Indonesia governor said that it is still working on the infrastructure and selecting technologies to support the digital rupiah initiative.

Economic Daily: The shock of virtual currency warns of the risk of flooding global liquidity

The Economic Daily published an article "Virtual Currency Shocks Warning Risk of Global Liquidity Flood". The article stated that virtual currencies such as Bitcoin and Ethereum fluctuated sharply last week, which truly reflected the negative impact of virtual currency trading hype. The skyrocketing and plummeting virtual currencies are even more warnings that we should pay close attention to the huge risks behind the flood of global liquidity.

JPMorgan Chase analyst: Coinbase and the future of encryption remain bright

JPMorgan Chase said that as Coinbase benefits from the continued growth of the cryptocurrency market, the company's stock should be able to recover losses. JPMorgan analyst Kenneth Worthington, who has an "overweight" rating on the stock, said that despite the recent volatility, the outlook for Coinbase and the crypto space remains bright.

Mizuho: 'Crypto winter' risk could weigh on Coinbase stock

Prices of bitcoin and other cryptocurrencies have fallen sharply in recent weeks, raising the risk of a "crypto winter," which could weigh on Coinbase shares, Mizuho Securities said. Mizuho lowered its price target on Coinbase to $225 per share from $315 per share, with a Neutral rating.

Musk: Choose Dogecoin because it has Doge and Meme expression packs, other coins do not

Twitter netizens asked, "Why not choose Ethereum 2.0, Cardano, Solana, Polkadot, IOTA or other cryptocurrencies, but Dogecoin?" Musk replied that Dogecoin has Dogecoin and Meme expression packs, while Other coins do not.

Grayscale: Cryptocurrency is changing the old financial system around the world